Commercial Development Opportunity
Land | 2.44 acres
Marketing description
This 2.44-acre parcel is strategically positioned on Secor Road, one of Toledo's most heavily trafficked commercial corridors near the Michigan border. Zoned for commercial use, the property is well-suited for retail, office, or multifamily development. Its distinctive size and configuration offer exceptional flexibility for a variety of site plans, making it one of the few remaining prime acreage opportunities within the city. Additionally, the property benefits from a 15-year tax abatement already in place.
Investment highlights
2.44 acre prime commercial development site on Secor Road
Approximately 226 feet of frontage with multiple street exposure
Zoned CR Regional Commercial with wide range of permitted uses
Asking price positioned below replacement cost for comparable Secor corridor sites
15 year tax abatement in place offering major long term NOI upside
All utilities at site including public water and sewer
Strong traffic counts with Secor Rd approx 20,600 AADT and Alexis Rd approx 22,000 AADT
High visibility corridor serving Toledo and Michigan commuter traffic
Located just south of Alexis Rd on one of Toledo’s main retail arteries
Clean slate development opportunity for retail, QSR, medical, office or multifamily
Surrounding national retailers and established commercial nodes drive daily traffic
Corridor improvements underway on Secor Rd enhancing long term access and value
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